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Currumbin Waters

POSTAL CODE: QLD, 4223
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A steady increase in median property prices over a five-year period in the suburb translates to a 31.22% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,450,000

The augmented property values in the suburb are trailing behind the territorial average of 12.37% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1100.

Home owners selling their properties and realtors in CURRUMBIN WATERS usually have to wait an average of 44.7 days days before their assets are lifted off the market.

The QLD suburb ranks 318th on the list of best yielding suburbs for rental properties in QLD, posting a 3.94% return.

It also places places 621st in Australia based on median property value growth during the quarter.

Surburb overview

Currumbin Waters is a suburb of the Gold Coast, Queensland, Australia, approximately 23 kilometres south of Surfers Paradise and about 94 kilometres southeast of Brisbane. A mix of residential areas, industrial estates, and farmland characterises the suburb. Currumbin Creek flows through it from the southwest towards the north, eventually entering the Coral Sea.

As of the 2021 census, Currumbin Waters had a population of 9,797, up from 9,121 in 2016. The predominant age group in the suburb is 50-59, indicating a mature community.

The real estate market in Currumbin Waters has shown notable activity. The median property price for houses is currently $1,322,500, with an annual capital growth of 4.13%. Rental yields for houses are approximately 3.90%, with a median rent of $975 per week. Units have a median price of $765,000, showing an annual growth of 10.63%, and offer rental yields of about 4.91%, with a median rent of $750 per week.

Currumbin Waters offers a range of amenities, including local shops, cafes, and recreational facilities. The suburb is renowned for its strong sense of community, where residents are greeted with a warm and welcoming atmosphere. The tight-knit neighbourhood fosters a spirit of camaraderie, with community events, local markets, and regular gatherings bringing residents together.

Educational facilities in Currumbin Waters include St Augustine's Parish Primary School, a Catholic primary school for boys and girls located on Galleon Way. For secondary education, residents typically access nearby schools in surrounding suburbs.

The suburb's natural landscape offers numerous recreational activities. Residents can enjoy various outdoor activities, including fishing, boating, and picnicking. The area also hosts local markets and events, fostering a strong sense of community.

Currumbin Waters has seen notable real estate developments, such as the property at 258 Simpsons Rd, known as 'Carinya.' This estate offers breathtaking 300-degree views of the Gold Coast's hills, city lights, and the ocean. It features four bedrooms, two kitchens, multiple indoor and outdoor entertaining spaces, a swimming pool, and landscaped gardens. The property is a serene and secluded haven perfect for family life and fun.

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